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• Copper Spot News

  • Kazakhstan copper strike not the end of the matter
  • ‘Copper pump’s’ potential benefit in cancer treatment
  • Copper, lead recover on industrial demand, global cues
  • Copper rebounds from four-month lows, Greek worries caps gains
  • France: First priority is cutting debt, deficit
  • LME’s plan to ditch sterling recognises need to adapt
  • Bullion, base metals and energy outlook by SMC Global
  • GEPL Capital`s view on bullions, base-metals, energy
  • Mining group Anglo sees little respite for copper supply deficit
  • BASE METALS: Copper Ends Near Flat On Mixed Economic Data
  • Copper down 1.13% on weak global cues
  • Check out best bets for crude, gold, copper
  • The doctor’s diagnosis on the great world economy
  • Persistent selling mars indices
  • World stocks, euro off lows on ECB easing hopes
  • US market exceedingly weak, buy gold on dips: Fat Prophets
  • Sterlite: Weak outlook priced in
  • Sterlite Industries, Hindalco hit 52-week low on falling copper prices
  • Copper to remain uninspiring, range-bound in short term
  • Hindustan Copper sees prices staying high

PERTH – China’s National Development Reform Commission has approved Chongqing Chonggang Minerals Development’s (CCMD’s) A$280-million investment in the Extension Hill magnetite project, in Western Australia, paving the way for the Chinese group to take a 60% stake in the project. Australia’s Foreign Review Investment Board approved the investment by CCMD in February. Project owner Asia [...]

Current quarter production was impacted by tie-in activities at Western Australia Iron Ore as Rapid Growth Project 4 continues to ramp up.The production of iron ore by BHP Billiton Ltd. in the fourth quarter ended June 30 rose 16% from last year. The iron ore production touched 125.0 million metric tons over the year and [...]

Falcon is pleased to announce that it has received final assay results from the recent diamond drilling program at the Olympia Prospect in the Duketon Greenstone Belt, Western Australia. The drilling programme comprised 10 diamond drillholes for 3101m on six 40/50m-spaced lines (see Table 1) and was devised to better define and test the continuity [...]

PERTH – Emerging iron-ore developer FerrAus has increased its measured and indicated resource for the Pilbara iron-ore project, in Western Australia, by 116%. The resource total for the project has now reached 297,2-million tons, up 7% from the previous resource estimate. FerrAus CEO Mike Amundsen said on Wednesday that the resource upgrade was another critical [...]

PERTH – Australian tungsten developer Hazelwood Resources has acquired a 60% stake in Hong Kong-based Asian Tungsten Products Company (ATC), which is developing a downstream ferrotungsten processing facility in Vietnam. Hazelwood will pay $825 000 to acquire a 60% stake in ATC and will fund 60% of the capital expenditure for the plant as well [...]

PERTH  – Diversified giant Rio Tinto on Monday announced that it had started production at its $901-million Mesa A/Warramboo iron-ore mine, in the Pilbara region of Western Australia. The opencut iron-ore mine would initially produce 20-million tons a year, increasing to 25-million tons by 2011. “This is a great day for Rio Tinto and for [...]

ARCELORMITTAL, the world’s largest steelmaker by volume, cautioned that a move toward spot iron ore sales and the announced iron ore joint venture between Rio Tinto and BHP Billiton could adversely affect its business. “The raw materials industry is highly concentrated and suppliers in recent years have had significant pricing power,” ArcelorMittal said in its [...]

ARCELORMITTAL, the world’s largest steelmaker by volume, cautioned that a move toward spot iron ore sales and the announced iron ore joint venture between Rio Tinto and BHP Billiton could adversely affect its business. “The raw materials industry is highly concentrated and suppliers in recent years have had significant pricing power,” ArcelorMittal said in its [...]

Feb. 12  – BHP Billiton Ltd., the world’s biggest mining company, and some Chinese steelmakers have agreed to a provisional 40 percent increase in contract iron-ore prices, said UC361.com analyst Hu Kai, citing the mills. Final benchmark contract-price agreements for the year may still be settled first by Japanese mills and the ore producers, Hu [...]

SHANGHAI: BHP Billiton Ltd., the world’s biggest mining company, and some Chinese steelmakers have agreed to a provisional 40% increase in contract iron-ore prices, said UC361.com analyst Hu Kai, citing the mills. Final benchmark contract-price agreements for the year may still be settled first by Japanese mills and the ore producers, Hu said in a [...]

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  • Kazakhstan copper strike not the end of the matter
  • ‘Copper pump’s’ potential benefit in cancer treatment
  • Copper, lead recover on industrial demand, global cues
  • Copper rebounds from four-month lows, Greek worries caps gains
  • France: First priority is cutting debt, deficit

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